It was "Turnaround Tuesday" for corn and soy complex futures today, but not for wheat. Outside markets offered no support for grains, soybeans and other commodity markets. General Comments It was "Turnaround Tuesday" for corn and soy complex futures today, but not for wheat. Chicago September wheat closed higher for the fifth day in a row. Trading was active around the opening of the day session, but volume slowed by mid-session. Corn and soybean prices were weaker throughout both trading sessions. They never traded as high as yesterday's closes, but also never seriously challenged Friday's lows either. November soybeans stayed in a relatively modest – for soybeans – trading range of 17 cents. December corn sat in a 5-cent trading range.Q...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.